Pittsfield-New Hampshire Savings

Increase your Pittsfield Home’s Asking Price through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows may add to the asking price of your home. As mentioned before, windows preserve most of their initial value especially given their long life expectancy. At a rate of 72.3% estimated for 2020 an average total window replacement job costing $17,925 would preserve $13,018 of its initial value.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to estimate : What’s the return on investment on energy savings on the market? What follows is what we estimated in Pittsfield:

In other words, a window upgrade in Pittsfield can add anywhere from 0.46% percent and 1.8 % percent to the asking price of your home by way of the energy efficiency premium buyers have shown a willingness to pay. Add to this the aforementioned +72.3% retained upfront worth of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Pittsfield homeowner is quite clear.

The variation between the range for Pittsfield and Concord, which for reference, would yield a potential premium range of 0.46% percent and 0.67% percent respectively, is derived from a number of factors, principally; the -0.11% percent difference in median home prices, a buyers’ propensity to pay more for energy savings at a given price point in the Concord region, and heating & cooling price differences between Pittsfield and Concord.

The data presented is based on EnergyStar, the NREL,Department of Energy and professional research executed by the NAHB. Pittsfield home value data is provided by Zillow.

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